Economic Growth

What is economic growth

• The total value of all finished goods in an economy over a year.

• The growth of a firm's factory.

• The growth of a government's tax.

• The growth of unemployment.

Why is GDP limited?

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How is economic growth calculated

• GDP

• GDP per capita

• GNI

• HDI

Which diagram shows economic growth?

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What are the advantages of the 'Doughnut Economics' model?

• It isn't guaranteed to work in developing countries.

• It takes time to implement.

• It assumes people will magically become warier of their surroundings.

• It combines both social and monetary economics.